M.O.B.A. Network AB

MOBA

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M.O.B.A. Network AB

Ticker/ISIN
MOBA
SE0014263091
Marknad/Land
First North Sweden
Sweden

Senaste sammanfattade pressmeddelande från M.O.B.A. Network AB

M.O.B.A. Network AB, a prominent company in managing online communities for gamers and creators, announced that its CEO, Anders Ribbing, will present at Stora Aktiedagarna in Stockholm on November 27, 2024. The presentation will focus on M.O.B.A. Network's vision to connect and empower gamers and creators globally, detailing its portfolio of niche web brands, in-game apps, and a YouTube creator network that reaches over 220 million gamers monthly. Key strategic initiatives to enhance innovation, community engagement, and monetization in the gaming ecosystem will also be discussed. The session will end with a Q&A moderated by Aktiespararna and will be available for live viewing online. M.O.B.A. Network is headquartered in Sweden and operates in the U.S.A., Canada, and France, with its shares publicly listed on NASDAQ First North Growth Market and OTCQX.
M.O.B.A. Network announced that its in-game app, Porofessor, has exceeded 14 million installs globally, reflecting its growing popularity within the League of Legends community. Since reaching 13.5 million installs in August, the app has continued to expand due to enhancements and a focus on user experience. M.O.B.A. Network, which operates 25 web brands, in-game apps like Porofessor and Valofessor, and the Union for Gamers YouTube network, aims to empower gamers and content creators. CEO Anders Ribbing highlighted the milestone as a testament to the app's appeal and the company's commitment to innovation. M.O.B.A. Network is headquartered in Sweden and is listed on NASDAQ First North Growth.
M.O.B.A. Network reported its best third quarter in history, with significant revenue and EBITDA growth. Revenue increased by 12% to SEK 80.1 million, and EBITDA rose by 35% to SEK 15.4 million. The company also achieved strong cash flow, reducing net debt and repurchasing corporate bonds. The launch of the in-game app Valofessor marked M.O.B.A.'s entry into the first-person shooter market. The company continues to focus on industry trends, expanding its portfolio, and enhancing its advertising capabilities. M.O.B.A. Network plans further growth through SEO optimization, new community platforms, and additional in-game app offerings. The company remains committed to reducing net debt while exploring strategic investments.
M.O.B.A. Network AB has launched Valofessor, an in-game app for Valorant players, on the Overwolf platform. This app provides tools and data-driven insights to enhance the gaming experience, building on the success of their first app, Porofessor, for League of Legends. Valofessor aims to serve Valorant's global community, which includes 20-28 million monthly active players. The partnership with Overwolf, supported by major investors, is expected to facilitate rapid user growth and monetization through ads. M.O.B.A. Network is known for its expertise in creating user-centric gaming apps and seeks to replicate its success with Valofessor.
M.O.B.A. Network AB, a global community network for gamers and creators, has announced that it will release its Q3 financial report earlier than planned. Originally set for November 13th, the report will now be available on October 25th due to improved financial processes and reporting efficiency. The report will detail the company's financial performance, recent operational developments, and future insights. M.O.B.A. Network focuses on growing gaming communities and products, with a network that includes 25 web brands, in-game apps, and the Union For Gamers YouTube creator network.
M.O.B.A. Network AB has repurchased an additional EUR 1.1 million of its corporate bonds at 94.25% of their nominal value, listed on Nasdaq Stockholm. This action increases the company's total bond holdings to 20% of the outstanding bond loan (2023/2026) worth EUR 25 million, equating to EUR 5 million in nominal value. The move is part of the company's strategy to enhance its financial structure by reducing debt and optimizing its balance sheet. CEO Anders Ribbing emphasized the company's focus on lowering interest burdens and increasing financial flexibility, reflecting confidence in its growth. M.O.B.A. Network operates gaming communities globally and owns a significant network of web-based brands and content creators.
M.O.B.A. Network announced that its CEO, Anders Ribbing, will present at Redeye Gaming Day 2024 on September 25th at Rigoletto Cinema in Stockholm. The event will gather industry leaders to discuss the future of gaming. Ribbing's presentation will focus on M.O.B.A. Network's strategy and commitment to innovation and community-building within the gaming industry. The event offers networking opportunities and insights into the gaming sector. M.O.B.A. Network operates one of the largest global gaming communities, including 25 web-based brands and the YouTube network Union For Gamers. For more information, visit Redeye's event page.
Stockholm-based M.O.B.A. Network AB, a leader in gaming communities and digital products, has repurchased EUR 1 million of its corporate bonds listed on Nasdaq Stockholm. This follows a previous repurchase in June 2023. The bonds repurchased are part of the company's bond loan (2023/2026) with an outstanding nominal amount of EUR 25 million. The bonds were bought back at 92.5% of their nominal value, totaling EUR 925,000. This brings the company's total holdings to EUR 3.9 million, or 15.6% of the bonds' outstanding nominal amount. CEO Anders Ribbing stated that the repurchase aims to reduce interest payments and net debt, reflecting the company's proactive financial management. For more information, visit www.wearemoba.com.

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Nyhetsuppdatering från M.O.B.A. Network AB

Pressmeddelande: M.O.B.A. Network tillkännager ett återköp av bolagets egna företagsobligationer för att stärka sin finansiella position

M.O.B.A. Network AB, en ledande operatör av globala gaming communities, har återköpt EUR 1 miljon av sina företagsobligationer noterade på Nasdaq Stockholm. Återköpet, som gjordes till 92,45% av obligationernas nominella värde, syftar till att minska räntebetalningar och nettoskuld samt stärka företagets finansiella position. Företaget äger nu EUR 2,9 miljoner (11,6%) av obligationslånets utestående nominella belopp. VD Anders Ribbing framhåller att detta strategiska drag understryker företagets positiva finansiella utveckling och förmåga att fatta proaktiva finansiella beslut. M.O.B.A. Network driver ett av världens största nätverk inom gaming communities och har affärsområden som inkluderar annonsförsäljning och videoförsäljning via YouTube-nätverket.

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Nyhetsuppdatering från M.O.B.A. Network AB

Periodisk information/Kvartalsrapport: Delårsrapport 1 - EBITDA ökar 278% - Det bästa någonsin under första kvartalet

Mellan 1 januari och 31 mars 2024 upplevde M.O.B.A. Network en stark tillväxt, trots ökade räntekostnader och avskrivningar. Företagets EBITDA ökade med 278%, vilket är det bästa första kvartalet någonsin. Intäkterna ökade med 19,3% jämfört med samma period föregående år, och ett starkt kassaflöde på 10 MSEK genererades från den löpande verksamheten. Trots en volatil annonsmarknad, upplevde företaget tillväxt i alla tillgångar under kvartalets senare del, särskilt från appen Porofessor och YouTube-nätverket UFG. Dessutom har företaget beslutat att öka sina investeringar i app-utvecklingsprojekt. M.O.B.A. genomgår en organisatorisk utveckling, där VD Björn Mannerqvist kommer att ta över rollen som COO, medan Anders Ribbing tar över som VD den 3 juni 2024.

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Nyhetsuppdatering från M.O.B.A. Network AB

Nyheter för investerare: M.O.B.A. Network presenterar på Redeye's event "Adtech"

M.O.B.A. Networks CRO, Peter Carlstedt, kommer att tala på Redeye's Adtech-event den 17 april kl. 10:00. Fler detaljer om eventet finns på Redeye's webbplats. M.O.B.A. Network AB är ett företag som driver gaming communities för den globala spelmarknaden. De äger ett stort nätverk av gaming communities, inklusive 25 globala varumärken på webben, Wargraphs (som äger en av världens största gaming-appar, Porofessor) och YouTube-nätverket Union For Gamers (UFG) med över 1 000 innehållsskapare. Företagets affärsgrenar inkluderar försäljning av annonser på sina communities och appar samt försäljning av video via sitt YouTube-nätverk.

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